International Business: Competing in the Global Marketplace
12th Edition
ISBN: 9781259929441
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
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Chapter 12, Problem 1CDQ
Summary Introduction
Case summary:
The senior managers at Company AA decided to take the company public in the year 2013. Person JM the founder and his colleagues and many ideas for an IPO initially. They decided to enter into Country HK for setting up the IPO.
But, Country HK had many rules and was unwilling to modify the regulations. The Stock Exchange N accepted the terms of Company AA and it also gave more opportunities for Company AA. The IPO was made making it the largest IPO in history.
To explain: The reason why Person JM decided that it was time to take the company public.
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